82% of all businesses failures are due to poor cash flow management. Fundbox is a flow optimization tool that leverages Big Data analytics, engineering, and predictive modeling that is transforming the massive pain point for small businesses. Fundbox gives small business owners credit-on-demand, embedded directly into its accounting software.
Being able to find a reliable funding source to help cover cash flow gaps often proves to be the difference between a successful small business, and one that ultimately fails. Especially in the initial stages, before long term revenue streams have been established, access to capital is vital for a business to continue operating. Fundbox was created to offer a solution to the problem. Founded in 2012, the company is using data optimization to provide growing ventures with much needed access to funding.Their Co-Founder and CTO Yuval Ariav took the time to answer some of our questions about the main competitive advantages his firm has, along with how he sees both Fundbox and the fintech field developing the in the years to come. Some of the basic operational benefits of Fundbox:
http://startuphook.com/e-commerce/how-fundbox-is-changing-small-business-financing/1163/